Solved

(Table: the Consumer Price Index) Use Table: the Consumer Price

Question 74

Multiple Choice

(Table: The Consumer Price Index) Use Table: The Consumer Price Index. The approximate rate of inflation in year 2 is:  Year  Consumer Price Index 180 (base  year)  100310541255150\begin{array} { | l | l | } \hline \text { Year } & \text { Consumer Price Index } \\\hline 1 & 80 \\\hline \begin{array} { l } \text { (base } \\\text { year) }\end{array} & 100 \\\hline 3 & 105 \\\hline 4 & 125 \\\hline 5 & 150 \\\hline\end{array}


A) 10%.
B) 10%
C) 19%
D) 19%.
E) 20%.
F) 20%
G) 25%.
H) 25%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions